Philippines' Q1 GDP slows to 6.4%, beats forecast

MANILA, May 11 (Reuters) - The Philippine economy expanded 6.4% in the first quarter from a year earlier, the statistics agency said on Thursday, weaker than the previous quarter's downwardly revised 7.1% growth.

Analysts polled by Reuters had expected first quarter gross domestic product (GDP) to grow 6.1% on an annual basis.

(Reporting by Neil Jerome Morales and Enrico dela Cruz; Writing by Karen Lema; Editing by Martin Petty)

Reuters

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